Property Market News

Brand new Shared Ownership homes hit the market in South Lincolnshire

Juliet
February 09, 2024 1 minute
Area Photography

Homeseekers looking to get onto the property ladder in South Lincolnshire have a broader scope of choice following the release of our brand new latest Shared Ownership homes at London Road in Kirton. 

About the development

Boasting a stunning collection of two- and three-bedroom homes just four miles from Boston, rich in character, space and practicality, the London Road development offers homebuyers with the perfect blend of urban and rural living between the peaceful countryside and the amenities a thriving town provides. 

Platform Home Ownership, in collaboration with Burmor Construction, is producing a range of contemporary, versatile homes to meet increasing demand for housing in the area, with modern living and functionality at the heart of their design. 

With contemporary fittings and fixing, areas for remote working and high energy efficiency, these flexible homes provide the perfect space for a variety of homebuyers to re-join or get onto the property ladder for the first time via an affordable homes scheme.

Shared Ownership allows homeseekers to purchase a share of their home and pay rent on the remaining amount, typically buying between 10% and 75% of the property’s full market value, depending on the model purchased with.

This lowers the amount needed for a deposit, with most deposits on Shared Ownership schemes between 5% and 10% of the share and not the full amount.

Why Shared Ownership?

Platform has seen an increase in popularity in the Shared Ownership scheme. In fact, they have sold 55% more Shared Ownership homes between April 2021 and March 2022 compared to the previous year.

Through the process of staircasing, those using Shared Ownership can gradually increase the amount of their home that they own. 

Donna Gadd, Area Sales Manager for the London Road development, said: “It’s exciting to have released these stunning Shared Ownership homes to the public, with London Road in a great location to experience the merits of living in South Lincolnshire.

“Shared Ownership is quickly becoming a more sought-after route toward home ownership, so we don’t expect these homes to be on the market for too long.

“Our partnership with Burmor Construction has been excellent and we know that those who make these properties their own will be incredibly lucky to have landed in such a great place.”

One of the stylish homes brought to Kirton courtesy of Platform is the Andover style home, a spacious semi-detached, three-bedroom property which French doors to the fully-turfed rear garden allowing plenty of natural light into bedrooms and living area.

Available at four homes at London Road, The Andover opens into a welcoming hallway, off which stems a contemporary, fully-integrated kitchen area and an open-plan living-dining area, which provides an expansive area for hosting family and friends, with the downstairs bathroom completing the ground floor. 

The home is fully-fitted with central heating and double-glazed windows, while there is allocated parking and a 10-year build warranty, all of which comes as standard with all Platform Home Ownership properties.

The upper floor is home to two large bedrooms and a stylish family bathroom, with added storage space and a third bedroom, which could be converted into a dressing room or home office sitting at the rear.  

London Road sits off the commuter road of the A16, which spans the majority of Lincolnshire connecting Grimsby to Peterborough. The extensive road and rail networks servicing Kirton and the surrounding areas will allow London Road residents to move around the county with ease, and reach various larger settlements in the north, East Anglia, the East Midlands and London within a short travel time. 

Closer by are the towns of Boston and Spalding, both of which are rich in culture and historical significance, and offer a number of amenities including chain and independent stores, places to eat and employment opportunities. 

Kirton itself has a number of local attractions, as well as being serviced by the Kirton Primary School, which achieved an Ofsted rating of Good at its latest inspection, and the Thomas Middlecott Academy for older children at the south of the village. 

Juliet

Juliet is a member of the Platform Home Ownership Marketing Team. Bringing you the newest trends shaping the property market, insightful tips on shared ownership, and exciting updates on Platform Home Ownership.